Main concepts
- Socio-economic groups
Groups of agents with common position in the economic structure (income groups, class, education level…)
- Socio-political groups
Groups of agents sharing common policy preferences regarding macroeconomic policy and the socio-economic model
- Social blocs
Socio-political groups aggregated by a political strategy.
- Political equilibrium
Stable institutional configuration supported by a dominant social bloc aggregated by a winning political strategy
- Political crisis
Break-up of the dominant social bloc
- Systemic crisis
Situation in which no political strategy is able to aggregate a new dominant social bloc
Social blocs: some examples